Technical View and Trading calls of Cnx IT & Bank Nifty, 16 March 2012

Bank Nifty Intraday levels and trading tips

Today, 10680 is crucial for Intraday.

If Bank Nifty sustains below 10680, then it could test 10300, and below that level it could test 10000.
Instead, if Bank Nifty trades above 10680, then it could test 10800.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 16 March 2012

Reliance

Today, 790 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 790 is crucial for short term. Positional Traders, trade long above 790 for a target of 810. Trade short below 790 for a target of 750.